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Indemnity

usgb/ɪnˈdemnəti/Volume
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Financial Protection

Indemnity often involves financial security against potential future losses or damages.

Illustration for Financial Protection
After the flood, the homeowners sought indemnity from their insurer.
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Not Always Full

'Indemnity' doesn't guarantee full repayment but can be partial, based on the terms agreed.

Illustration for Not Always Full
The indemnity covered only 70% of the stolen goods' value.
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Specific Agreements

The scope of indemnity is defined by the terms of the policy or agreement.

Illustration for Specific Agreements
Her contract promised indemnity for any work-related travel expenses.
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CompensationGuaranteeInsuranceProtectionRedressReimburseRestitutionSecurity
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